Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How CCIL will ensure security of data?

April 26, 2017ccil Data ensure security

0

Posted

How CCIL will ensure security of data?

1 Answer

0

Posted

FX-CLEAR Application uses Public-key infrastructure (PKI) issued by IDRBT, a certification authority to ensure security of data. Public-key infrastructure (PKI) is the combination of software, encryption technologies, and services that enables enterprises to protect the security of their communications and business transactions on networks. The data at the members end will be encrypted using its private key and will be appended with a unique digital signature. This encrypted data along with member’s public key will be transmitted to CCIL via INFINET. If the data is tampered with during its transmission the unique digital signature will change. At CCIL end the unique digital certificate will be first checked to ensure the authenticity of data. If the data is not tampered the member’s public key will be used to decrypt the data.